Tuesday, March 18, 2008

FIIs continue selling

Foreign institutional investors (FIIs) sold shares worth net Rs 128.80 crore on Friday, 14 March 2008, compared to their selling of Rs 172.50 crore on Thursday, 13 March 2008.

FII outflow of Rs 128.80 crore on 14 March 2008 was a result of gross purchases Rs 3545.60 crore and gross sales Rs 3674.40 crore. The 30-share BSE Sensex surged 403.17 points or 2.63% at 15,760.52 on that day.

FII outflow in March 2008 totaled Rs 1890.90 (till 14 March 2008). FII outflow in calendar year 2008 totaled Rs 13,193.40 crore (till 14 March 2008).

There are a total of 1,312 FIIs registered with the Securities & Exchange Board of India (Sebi).

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